What is Multi Cloud Management?
Multi Cloud Management are a comprehensive set of tools and solutions which allow firms to efficiently manage or monitor their operations across multiple clouds. This allows a single window of monitoring and management multi-clouds. It leads to streamlining of the processes, decrease of strain on the IT operations of the firm, better cost management and increased efficiency as well as better visibility on real time data. The adoption of multi cloud management solutions also helps in workflow automation and extended cloud analysing capabilities. Geographically, North America is the largest player which is expected to remain so in the coming decade.
The market study is broken down, by Application (Metering and Billing, Provisioning, Compliance Management, Infrastructure and Resource Management, Identity and Policy Management, Lifecycle Management and Others) and major geographies with country level break-up.
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM Corporation (United States), Accenture Plc(Ireland), CenturyLink (United States), Cisco Systems, Inc. (United States), Dell Technologies (United States), BMC Software (United States), Cloudmore (Sweden), VMware (United States), Citrix (United States) and Cloudyn (Israel) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Sixsq (Switzerland), F5, Inc. (United States) and Turbonomic (United States).
AdvanceMarketAnalytics has segmented the market of Global Multi Cloud Management market by Type, Application and Region.
On the basis of geography, the market of Multi Cloud Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. BFSI will boost the Multi Cloud Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Platform , the sub-segment i.e. Internal Brokerage Enablement will boost the Multi Cloud Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. Public Cloud will boost the Multi Cloud Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2021, F5, Inc., a US based application delivery networking company has announced acquisition of Volterra, which is a start-up specialising in multi cloud management. The acquisition deal was made in around USD 500 million. F5 looks to create an advanced SaaS based solution to encounter their customers Adaptive Applications and other multi model reality problems faced by enterprises.
In 2021, IBM Corporation, the global computing giant, which has recently enhanced its focus on cloud computing and artificial intelligence has announced completion of acquisition of Taos, which is providing innovative offerings in cloud professional and managed services. The acquisition will help IBM develop better solutions for its customers in hybrid cloud platform and mutli cloud management space.
- Hybrid Cloud is Rising in Popularity
- Increasing Adoption of Cloud Computing
- Growing Internet Penetration
- Back Door Office Operations Present Huge Potential Opportunities for SaaS base Businesses
- Concerns Associated with Data Security in Public Clouds
- Lack of Required IT Expertise in Cloud Computing in Developing Countries
- High Cost of Initial Setup
Key Target AudienceMulti Cloud Management Developers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Analysts and Strategic Business Planners and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as IBM Corporation (United States), Accenture Plc(Ireland), CenturyLink (United States), Cisco Systems, Inc. (United States), Dell Technologies (United States), BMC Software (United States), Cloudmore (Sweden), VMware (United States), Citrix (United States) and Cloudyn (Israel) etc.
2. What would be the Market Size of Multi Cloud Management Market by 2026?
Analysts at AMA estimates Multi Cloud Management Market to reach USDXXX by 2026.
3. Can we have customized study for Multi Cloud Management Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.